Industry: Semiconductor Electronics
Published Date: June-2024
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 139
Report ID: PMRREP32798
The global market for silicon capacitors is estimated to reach a valuation of US$3.1 Bn by the year 2033, at a CAGR of 7.4%, during the forecast period 2023 to 2033.
Key Highlights of the Market
|
Attributes |
Key Insights |
|
Market Size (2023) |
US$1.8 bn |
|
Market Size (2033) |
US$3.1 bn |
|
Forecast Growth Rate (CAGR 2024 to 2033) |
7.4% |
|
Historical Growth Rate (CAGR 2019 to 2023) |
4.6% |
The telecom and automotive industries are increasingly adopting silicon capacitor due to the rising demand caused by the expanding trend of downsizing in these sectors.
The trend is anticipated to generate profitable prospects for manufacturers of silicon capacitor.
Several silicon capacitor manufacturers are prioritizing technological developments in silicon capacitor to meet the growing demand for ceramic capacitor. Due to this, there is a possibility that silicon capacitor may replace ceramic capacitor in the times to come.
Key industry players from the market are entering their business expansion phase to enhance their client base and capture a major market share of the market.
Silicon capacitors utilize silicon as the dielectric material, making them superior to alternative capacitor.
Passive electronic components are extensively utilized in several fields, such as automobile electronics, medical devices, and wireless communication, which is eventually driving the demand for silicon capacitor.
Capacitors are generally utilized in circuits to deliver rapid thrusts of energy, such as in power supply filters or as components of timing circuits.
Silicon capacitors are commonly utilized in power supply circuits to attenuate noise and maintain stable voltage levels, which is another crucial reason for the high demand for the silicon Capacitors Market.
The growing trend of adopting alternative technologies gives a booster to the market growth. The acceptance and high adoption rate of alternative technology like multilayer ceramic capacitor (MLCC) are driving the market forward to earn a substantial market share.
The rise of this trend can be attributed to several variables, such as the increasing need for small and powerful capacitor, as well as the supply chain disruptions and material shortages that impact the manufacturing of conventional silicon capacitor.
MLCCs provide benefits such as compact sizes, greater capacitance densities, and improved temperature stability in comparison to silicon capacitor.
Thery are thus more appealing for a wide range of applications in consumer electronics, automotive, and telecommunications sectors.
Silicon capacitor companies are allocating resources for research and development activities to improve the performance and dependability of MLCCs, thereby promoting their acceptance as a feasible substitute for silicon capacitor in the global market.
The global silicon capacitors market has witnessed a robust growth rate over the historical period from 2019 to 2022, having a market value of US$1.2 Bn in 2019 to reach a valuation of US$1.7 Bn in 2022, exhibiting a growth rate of 4.6%.
During the historical period, market growth was increasingly prominent owing to their tiny and lightweight nature and ability to provide more functionality and longer battery life in consumer electronics.
Its smaller size, high capacity density, and low power usage are the reasons for its high adoption rate.
Silicon capacitor provide exceptional attributes that render them very suitable for situations where there are space constraints, and energy efficiency is of utmost importance.
The swift rate of progress in the consumer electronics sector propels the acceptance of sophisticated components, such as silicon capacitor, which facilitate the creation of state-of-the-art features and functions.
Exponential Growth of Internet of Things
The significant increase in global demand for silicon capacitor can be attributed primarily to the exponential growth of the Internet of Things (IoT). IoT, which is distinguished by its interconnected devices and intelligent technologies, has substantially amplified the demand for sophisticated electronic components.
In this paradigm shift, silicon capacitor has emerged as a pivotal element. The IoT ecosystem comprises an extensive collection of interconnected devices, including industrial sensors, healthcare devices, and smart household appliances.
Due to the seamless communication and data exchange among these devices, energy storage that is both efficient and dependable becomes of the utmost importance.
Due to their exceptional charge storage capabilities and superior dielectric properties, silicon capacitor is ideal for IoT applications.
The capacity of these capacitor to reduce the size of electronic components is a critical factor in the development of energy-efficient, and compact IoT devices.
The capacity of these components to rapidly store and discharge electrical energy guarantees peak performance in apparatus that require immediate and accurate reactions.
Rapid Technological Advancements
One of the key driving elements for the silicon capacitors market is the ongoing advancements in semiconductor technology.
Several key silicon capacitor manufacturers are investing in research & development activities to enhance the performance and reliability of silicon-based capacitor, including new materials, manufacturing processes and design methodologies.
The said technological breakthroughs resulted in the creation of large capacitance densities and enhanced voltage ratings while having superior temperature stability for the silicon capacitor function.
As a result, these capacitors are now able to suit the changing requirements of different industries, while technical advancements allow for the incorporation of silicon capacitor into lower physical dimensions.
This makes them suitable for use in compact electronic devices and systems, which eventually contributes to the expansion of the silicon capacitors market share.
Intricate Regulatory & Standardization Process
The electronics industry's intricate regulatory compliance and standardization processes present a formidable obstacle to the global silicon capacitors market share.
With the ongoing transformations in the technological environment, regulatory frameworks that govern electronic components, such as silicon capacitors, also undergo development.
For manufacturers, effectively managing these complex and frequently evolving regulations presents a significant obstacle, affecting the schedules for product development and approaches to entering new markets.
Further, a multitude of regulations govern the electronics sector, encompassing environmental standards as well as safety obligations, which impede the market's growth during the forecast period.
Accessibility of Raw Materials
Another crucial factor impeding the market growth is the unavailability or limited accessibility of raw materials.
Silicon is an essential constituent of such capacitors used for high-end applications and is an energy-intensive process due to its finite nature.
The market is most prominently hampered by the scarcity of high-purity silicon, which is mostly employed in the fabrication of semiconductors.
The fabrication of silicon capacitors and other applications within the semiconductor industry are profoundly dependent on pure, high-quality silicon.
Further, the escalating demand for electronic devices and components places a greater strain on the supply chain while eventually limiting the market size to an extent.
Adoption of Sustainable Technologies
One favourable factor driving the global silicon capacitors market is the growing recognition and adoption of environment-friendly technologies and renewable energy sources.
In the current global effort to tackle environmental issues and shift towards sustainable energy alternatives, silicon capacitors are positioned prominently in this paradigm shift.
The renewable energy industry, specifically solar power generation, offers silicon capacitors a substantial opportunity to assume a critical function in energy storage and administration.
Solar photovoltaic (PV) systems, which are an integral part of the renewable energy sector, depend on energy storage solutions to operate with maximum efficiency.
Silicon capacitors are crucial components in the storage of electricity produced by solar panels due to their exceptional energy density and efficacy, which is consistently expanding emphasis on utilizing renewable energy sources globally, resulting in increased financial commitments towards solar infrastructure.
By enabling dependable and high-performing energy storage in solar applications, silicon capacitors make a valuable contribution to the sustainability agenda.
The capacity of silicon capacitors to effectively manage variations in solar energy production and deliver consistent power output establishes them as an indispensable facilitator for the extensive implementation of solar energy solutions.
MOS Capacitors Take the Front Seat with 38% Market Share
|
Market Segment by Technology |
Market Value Share (2023) |
|
MOS Capacitors |
38% |
Based on technology, the silicon capacitors market is further sub-segmented into MOS capacitors, MIS capacitors, and deep trench silicon capacitors, where the MOS capacitors sub-segmentation dominates the market share.
MOS capacitors find extensive usage in integrated circuits and semiconductor devices, which is why the said type of capacitors are witnessing a higher demand and eventually aiding the expansion of the electronics sector.
MOS capacitors with their ability to effectively tackle a wide range of technological requirements, are said to witness a surge in demand over the forecast period and dominate the market share in the technology segmentation.
Further, it is expected that the deep-trench silicon capacitors sector will witness the most rapid expansion over the forecast period, owing to its exceptional charge storage capabilities, and distinctive design.
This makes them highly suitable for nascent applications, including high-performance electronic devices, and advanced energy storage systems.
Medium Capacitance Capacitors Preferred, Account for over 45% Share
|
Market Segment by Capacitance Range |
Market Value Share (2023) |
|
Medium Capacitance Range |
45% |
Based on the capacitance range segmentation, the silicon capacitors market is further classified into low capacitance, medium capacitance and high capacitance, where the medium capacitance range segmentation owns the major market share.
With capacitance values spanning from nanofarads to microfarads, the medium capacitance segment is anticipated to hold the largest market share.
The medium capacitance range capacitors are widely employed in diverse electronic applications, encompassing energy storage devices, power supplies, and filtering circuits.
Due to its multipurpose nature, the medium capacitance range is an indispensable element in numerous industries, which substantially contributes to its prevailing market position.
Consumer Electronics Record over 28% of Total Demand
|
Market Segment by End Use |
Market Value Share (2023) |
|
Consumer Electronics |
28% |
Based on the end user segmentation, the silicon capacitors market is further classified into consumer electronics, automotive electronics and industrial electronics, where the consumer electronics segmentation owns the major market share.
The continuous integration of electronic components into consumer electronic and portable devices has resulted in a sustained high demand for silicon capacitors in consumer electronics, including smart TVs, and home appliances.
Further, the automotive electronics sector is anticipated to experience the most rapid growth, specifically in advanced driver assistance systems (ADAS).
The utilization of silicon capacitors in automotive electronics is anticipated to witness significant growth in tandem with the technological advancements of vehicles.
Asia Pacific Leads the Way
|
Region |
Market Share |
|
Asia Pacific |
54% |
Asia Pacific region dominates the silicon capacitors market share with almost 54% of the global market share, owing to the presence of key market players and major emerging economies like India, China, and Japan.
Several important silicon capacitor manufacturers of consumer electronics and passive components are consistently prioritizing the expansion of their businesses in electronic marketplaces throughout the Asia Pacific region.
Asia Pacific is known to be the world's largest electronics industry cluster.
Furthermore, the increasing implementation of industrial automation, and the widespread use of electric cars, and the adoption of renewable resources in Asia Pacific contribute significantly to the need for silicon capacitors in the region.
Further, the North American region is estimated to be the second-largest market for silicon capacitors globally, which is primarily due to a surge in R&D efforts.
The demand for silicon capacitors is on the rise, especially in the aerospace and defense, automotive, and telecommunication sectors in the region.
March 2022 –
SAIC Motor Corporation, one of the leading companies in China, signed a merger and acquisition deal with MG Motors to acquire and raise US$350 -500 mn in equity for the expansion of the electric vehicles segment.
August 2023 –
Murata, a leading name in the industry, announced its business expansion by expanding its silicon capacitor manufacturing facility in France.
November 2023 –
Silicon Mutus signed a partnership deal with Pico Semiconductor to develop ultra-small high-frequency silicon capacitors.
The major competitors in the silicon capacitors market are primarily evaluated based on their product or service offerings, their financial statements, developments and the approaches implemented, the companies’ position in the global market scenario and its geographical reach.
|
Attributes |
Details |
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Forecast Period |
2023 - 2033 |
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Historical Data Available for |
2019 - 2022 |
|
Market Analysis |
US$ Billion for Value |
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Key Regions Covered |
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Key Companies Profiled |
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Pricing |
Available upon request |
By Technology:
By Capacitance Range:
By Chip Thickness:
By Frequency:
By End- Use Application:
By Region
To know more about delivery timeline for this report Contact Sales
The global silicon capacitors market size was valued at US$.8 billion as of 2023.
The Asia Pacific region holds major market share.
North America is predicted to exhibit the highest growth rate during the forecast period.
Murata Manufacturing Co., Ltd., MACOM, Skyworks, KYOCERA AVX, and Vishay Intertechnology are some of the major companies in this market.
The consumer electronics segment continues to hold a dominant share of the market.
